In the last day or so, several people have asked to see just where the new and very significant Business Roundtable “Statement on the Purpose of the Corporation” does indeed track the Caux Round Table for Moral Capitalism’s (CRT) Principles for Business of 1994. So, I made this document (PDF) putting provisions of the CRT Principles below the associated provision of the Business Roundtable Statement.
Frankly, I am impressed with how well and how extensively the CRT Principles anticipated the Business Roundtable’s statement.
I’m sharing this in large part to honor the forethought of those CRT leaders from Japan, Europe and the U.S. who articulated this new theory of the firm 25 years ago.